RPM International Acquires Expanko

Medina, OH, Sept. 4, 2013 -- RPM International Inc. said that its Performance Coatings Group has acquired Expanko, Inc., a producer of terrazzo tile under the FritzTile brand, as well as cork, rubber and rubber/cork floor tiles, primarily for the education, healthcare, hospitality and sports/entertainment commercial markets.

Headquartered in Exton, Pennsylvania, with manufacturing in Mesquite, Texas, Expanko has annual sales of more than $12 million.

Terms of the transaction were not disclosed.

Expanko will operate as a stand-alone business within PCG and will continue to be led by one of its two owners, Randy Gillespie, and his current management team.

RPM International Inc., a holding company, owns subsidiaries that make specialty coatings, sealants, building materials and related services serving both industrial and consumer markets. 



Other Archived Articles

Growth in Services Sector Picks Up in March   Full Article
Tempe, AZ, April 3, 2014 -- Growth in the U.S. services sector accelerated in March, according to the Institute for Supply Management.

Jobless Claims Tick Higher Last Week   Full Article
Washington, DC, April 3, 2014 -- Initial claims for unemployment benefits edged higher unexpectly last week, according to the Labor Department.

Zillow To Help Chinese Invest in U.S. Real Estate   Full Article
New York, NY, April 3, 2014 -- Zillow said it would begin providing real-estate listings for Chinese real-estate portal Beijing Yisheng Leju Information Services.

Planned Job Cuts Plunge in March   Full Article
Chicago, IL, April 3, 2014 -- Planned job cuts fell to 34,399 in March, which was down 30% from a year ago and 18% from the previous month, according to outplacement firm Challenger, Gray & Christmas.

Finkell Forming New Hardwood Company   Full Article
Only, TN, April 3, 2014 -- Don Finkell, former head of hardwood maker Anderson, is getting back into business with a wood flooring startup called OEM Wood Floors.

Unilin's Winters Named NALFA Member of Year   Full Article
Dallas, TX, April 3, 2014 -- Unilin’s Jane Winters recently won the flooring industry’s "NALFA Member Of The Year” award.

J+J Flooring Names Metzger Director of Design   Full Article
Dalton, GA, April 3, 2014 -- J+J Flooring Group has named industry veteran Daniel Metzger as director of design.

Surya Names Curtin Vice President Sales   Full Article
Calhoun, GA, April 3, 2014 -- Rug company Surya said it has named Jim Curtin as vice president of sales, national accounts.

Factory Orders Rise More Than Expected   Full Article
Washington, DC, April 2, 2014 -- Factory orders rose 1.6 % in February, the U.S. Commerce Department said Wednesday

Jobs Growth Picks Up in March   Full Article
Roseland, NJ, April 2, 2014 -- Private firms grew their payrolls in March by the most in three months, according to the ADP Employment Report.

Mortgage Application Volume Declines   Full Article
Washington, DC, April 2, 2014 -- Mortgage application volume fell last week on lower refinancing demand, according to the Mortgage Bankers Association.

Analyst Lowering Mohawk Estimates Due to Weather   Full Article
New York, NY, April 2, 2014 -- Flooring industry analyst Stifel Nicolaus said it is lowering its first quarter estimates for Mohawk due to weather issues but is maintaining a "buy" rating on the stock.

Mohawk a Finalist for Atlanta Environmental Award   Full Article
Calhoun, GA, April 2, 2014 -- Mohawk said it is a finalist in the Metro Atlanta Chamber’s E3 environmental awards for Atlanta area businesses.

Haines Vice President of Operations Dies   Full Article
Glen Burnie, MD, April 1, 2014 -- Distributor Haines said its vice president of operations, Mark Blakely, died March 27 from health complications.

Manufacturing Keeps Expanding in March   Full Article
Washington, DC, April 1, 2014 -- U.S. manufacturing continued to expand in March at a higher pace than in February, according to the Institute for Supply Management.

Construction Spending Edges Up in February   Full Article
Washington, DC, April 1, 2014 -- Construction spending ticked up in February, according to the Commerce Department.

Perfect Timing for New Chocolate Flooring   Full Article
Vancouver, BC, April 1, 2014 -- For a limited time, BuildDirect is offering real chocolate plank flooring.

Del Conca Opens U.S. Manufacturing Facility   Full Article
Loudon, TN, April 1, 2014 -- Del Conca USA held a ribbon-cutting ceremony for its new manufacturing facility in Loudon.

Vinyl Institute Names Vice President of Marketing   Full Article
Alexandria, VA, April 1, 2014 -– The Vinyl Institute has named Susan Wade vice president of marketing and communications.

Tandus Centiva Offering Green Innovation Grant   Full Article
Dalton, GA, March 31, 2014 -- Tandus Centiva said it will award $3,000 in Green Innovation grant funds to a K-12 school.